VAT presents a unique challenge to finance professionals – whether in business or practice. The need for businesses and their advisers to get to grips with VAT – to comply with the law and minimise liability – is matched only by its complexity and the scope for making mistakes.
As VAT impinges on so many aspects of a business, a clearly structured VAT planning process integrated into the business’ wider strategic goals can achieve many vital objectives including:
compliance
business planning
avoiding unnecessary tax costs
avoiding penalty and interest costs
improving cash flow
improving competitive position
minimising administration.
VAT Planning 2007-08 is the ideal solution for business planners and their advisers. The handbook provides the user with a sound framework from which an effective VAT planning strategy can be formulated.
The book provides guidance on, and analysis of, the wide range of tools available to those who not only want to deal with VAT problems effectively, but who also want to take full advantage of VAT opportunities.
VAT Planning 2008-09 provides:
- commentary on all aspects of VAT planning
- fully cited references to legislation and HMRC
- checklists to help ensure you maintain best practice
- planning points and worked examples throughout the commentary to aid understanding
- Warnings identify tricky areas to watch out for and avoid.
Contents
Why VAT Planning?
Lifecycle of Business
Registration and deregistration
Groups of Companies
Small business schemes
Input Tax
Motor cars
Retail businesses
Margin schemes
E-commerce
Cross-border goods transactions
International services
Partial exemption
Capital goods scheme
Construction industry
Land and property
Protected buildings
Charities
Administration
Civil Penalties
Powers, pubications, visits and assessments
Disclosure of VAT Avoidance Schemes
Appeals and Complaints
Checklists
CCH CCH enjoys a unique position within the tax, accountancy and business management marketplace.
As a leading service provider to the profession we have an unrivalled view of our customers' needs because we produce and deliver solutions that match your individual requirements — from information to training to software.